The irony

[Operatr]

Thinking about Bitcoin, a couple points came to my mind that I find funny-

In the 1960s, Government research birthed Arpanet, evolved to the modern Internet as we know it now

In 2001, the NSA released standards for the SHA-256 cryptographic protocol

In 2009, Bitcoin was given to the world.


So, thank the US Government for giving us the tools to destroy thier own currency system someday

[DrG]

Are you referring to the Federal Reserve?

[Operatr]

Are you referring to the Federal Reserve?

No, just the fact Bitcoin uses technology that the US Government originally funded and developed for their own ends. Bet they never thought this is what it would be used for in the future.

[DrG]

Yeah but 80% of the crazy crap was invented in the US last century.  We just have bad follow through cuz we're lazy.  Leave it to a Japanese guy 

[os2sam]

So, thank the US Government for giving us the tools to destroy thier own currency system someday

Our currency was destroyed when we went off the Gold Standard.

Bitcoin won't destroy, but replace a dying system, hopefully.

[Lieutenant Dan]

Gold pure gold!

[Operatr]

So, thank the US Government for giving us the tools to destroy thier own currency system someday

Our currency was destroyed when we went off the Gold Standard.

Bitcoin won't destroy, but replace a dying system, hopefully.

Well, that is true enough. The graph of total US debt started going straight up in the 70's when that occured.

Maybe the better way to say it is they gave us the tools to fix it ourselves since obviously they cannot.

[os2sam]

So, thank the US Government for giving us the tools to destroy thier own currency system someday

Our currency was destroyed when we went off the Gold Standard.

Bitcoin won't destroy, but replace a dying system, hopefully.

Well, that is true enough. The graph of total US debt started going straight up in the 70's when that occured.

Maybe the better way to say it is they gave us the tools to fix it ourselves since obviously they cannot.

I agree wholeheartedly with that sentiment!

[imanikin]

...
So, thank the US Government for giving us the tools to destroy thier own currency system someday

The ones to thank are actually the American taxpayers, from whom the US government took the funds to create the government and related jobs and resources to develop these technologies, and from which many of those taxpayers did not directly benefit.

[Operatr]

...
So, thank the US Government for giving us the tools to destroy thier own currency system someday

The ones to thank are actually the American taxpayers, from whom the US government took the funds to create the government and related jobs and resources to develop these technologies, and from which many of those taxpayers did not directly benefit.

In the end that is where the means came from. I guess we can thank ourselves and our parents?